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Refinery deal in limbo after Energy PS is sacked
A cloud of uncertainty hangs over Uganda's $4bn refinery tender awarded to a consortium led by a Mauritius-based private equity fund, Intra-continental Asset Holdings (IA), after Wednesday’s sacking of energy ministry permanent secretary, Stephen Isabalija
August 26, 2017
Energy, Oil & Gas
Uganda selects oil refinery investor
The government has tapped a consortium of American and Italian firms to finance and construct the $4 bn oil refinery
August 6, 2017
Energy, Oil & Gas
Government banks on SBI-Colas joint venture to construct Hoima airport
Uganda Business News understands that government signed a Memorandum of Understanding with Colas and SBI International Holdings AG (U) under a joint venture called SBC to move forward with the project so far tagged to a cost of Shs700b.
May 29, 2017
Energy, Oil & Gas
Three companies awarded design studies for Buliisa project
Total E&P Uganda, China National Offshore Oil Corp., and Tullow Uganda have launched Front End Engineering Design (FEED) studies for Exploration Area 1 (EA1) in Nwoya and Exploration Area 2 (EA2) in Buliisa district.
February 15, 2017
Energy, Oil & Gas
Russia taps another firm for consideration in refinery deal
Russia is looking for another homegrown company to finance and construct Uganda's greenfield oil refinery, following the exit of RT Global Resources, the consortium led by Rostec, a state defence and technology corporation.
December 28, 2016
Energy, Oil & Gas
Uganda to identify refinery lead investor by February 2017 — minister
Uganda expects to have identified a lead investor in its proposed oil refinery by February next year, according to energy and minerals minister Irene Muloni.
November 22, 2016
Energy, Oil & Gas
Total to acquire 10% stake in Uganda refinery
Total S.A., the French oil and gas company currently carrying out exploration activities in western Uganda, is acquiring a 10% stake in Uganda's planned oil refinery, energy minister Irene Muloni told Bloomberg.
October 28, 2016
Energy, Oil & Gas
Uganda issues eight oil production licences to Tullow and Total
The Ministry of Energy and Mineral Development has granted eight oil production licences to Tullow Uganda Operations Pty Limited and Total E&P Uganda B.V., according to a statement released by the ministry.
August 30, 2016
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